Nigeria’s inflation hits 33.95% in May 2024
Nigeria’s inflation rate rose to 33.95% in May 2024, up from 33.69% in April, as per the latest CPI report from the National Bureau of Statistics (NBS). This increase of 0.26%-points marks a steady rise in the cost of living, with year-on-year inflation rates jumping by 11.54%-points from 22.41% in May 2023. READ ALSO:Gov Abba…